Analyzing the Food Traceability System Developed by Walmart with Hyperledger Fabric

submitted 4 years ago by oodlesblockchain1 to bitcoin

Creating a (traceability) system for the entire food supply ecosystem is always a challenge. At Oodles, we think that blockchain technology is a good fit to address this problem with the Hyperledger development services. Blockchain enables trust, immutability, and transparency in the business ecosystem. In the past, many companies have tried to create a traceability system, but they never scaled because they were centralized databases. Blockchain is a decentralized, shared ledger that can enhance the legacy food system. Given the blockchain’s potential in business, Walmart decided to develop two proof of concept (POC) projects